The US auto industry is going through a slump but Tesla posted a stronger-than-expected net earnings for Q3. The company reported $331mn, or 27 cents per share, for its fifth-straight profitable qtr. Excluding one time adj. of stock-compensation, Tesla made 76 cents per share, surpassing estimates of 57 cents. Revenue for Q3 was $8.77bn significantly higher than analysts expectations of $6.3bn.